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BOC India surges on commissioning 2,550 tpa Air Separation Unit

17 Jul 2012

BOC India is currently trading at Rs. 407.30, up by 8.40 points or 2.11% from its previous closing of Rs. 398.90 on the BSE.

The scrip opened at Rs. 402.85 and has touched a high and low of Rs. 409.50 and Rs. 401.00 respectively. So far 17289 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 530.00 on 18-Apr-2012 and a 52 week low of Rs. 262.15 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs. 406.30 and Rs. 387.10 respectively. The current market cap of the company is Rs. 3475.33 crore.

The promoters holding in the company stood at 89.48% while Institutions and Non-Institutions held 1.03% and 9.49% respectively.

BOC India has commissioned its 2,550 tonnes per day (tpa) Air Separation Unit (ASU) at Tata Steel’s works in Jamshedpur. The company has also commissioned a Merchant Air Separation Unit at Taloja having a total merchant liquid products capacity of 450 tonnes per day. Further, both the aforesaid air separation units are operating satisfactorily.

BOC India is engaged in manufacturing of industrial gases and undertaking engineering projects. The company owns one of the Asia’s largest air separation units. The company owns more than 20 manufacturing units, 40 warehouses and depots, 100 dealers and more than 100 dedicated tankers in the distribution fleet. 

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